I am not concerned with gretaness. I am concerned with survival. Our ability
to survive as a nation state declined under King Joey. The trust you claim,
only ran one-way. The Europeans protested the install of the Pershing missiles
after the USSR installed SS20's. They danced to the tune that benefited the
CCCP. Today? They dance to Qatari cash which Europe is flush with, all the time
expecting us to fight Putin for them. Incongrience here. The export import
imbalance was a thing by the wealthy to max profit and min loss. It has failed
for the rest of us. Now? We will see if Don's hardball works for us or not? If
not we can always go back to the Socialist International crap.
On Wednesday, May 7, 2025 at 09:51:31 PM EDT, PGC
<[email protected]> wrote:
You want American Greatness? I'll get to it but It’s easy to forget what any
trader, business person, or bank clerk would confirm: amidst the noise of
outrage and cultural conflict, just how strange and privileged the global
economic system of the last half-century has been—especially for the United
States. Since the 1970s, the world has run on a kind of financial perpetual
motion machine, with the U.S. at the center. America consumed the world’s
goods. The world, in return, saved its profits in the U.S. financial system.
This wasn’t a scam. It was a complex, mutually beneficial loop. But like any
loop that depends on unspoken trust, it is fragile.
Economists have called it many things—“exorbitant privilege,” “surplus
recycling,” “the dollar trap.” One Chinese official once described it more
plainly: “Your trade deficit is our demand engine. In return, we fund your
lifestyle.” That’s the deal. A magic motor running on U.S. trade deficits,
global production, and Wall Street’s gravitational pull.
The U.S. imported far more than it exported since the 1970s, sending dollars to
countries like China, Japan, Germany etc. Those countries, instead of spending
those dollars elsewhere, turned around and reinvested them in U.S.
assets—Treasury bonds, real estate, equities. The result? The U.S. could run
massive deficits, borrow cheaply, and still maintain strong global demand for
its currency. Meanwhile, exporting nations got stable consumers for their goods
and a dependable place to park their earnings. Everybody wins, right? Lol
This system didn’t just help Wall Street or coastal elites. It also quietly
benefited working- and middle-class Americans in real, material ways. Imported
goods stayed cheap. Inflation was kept low. Mortgage and loan rates were
modest. Public spending—from schools to highways to national defense—could be
funded with low-interest borrowing. Even during recessions, investors ran
toward the dollar, not away from it. The world trusted the U.S. with its
savings. That trust became the backbone of American risk culture.
Yes, Americans work hard. They build. They strive. But it’s simply easier to
take risks when you know failure won’t mean catastrophe. Venture capital,
startup culture, long-term product R&D, and yes—even outpacing the world in
becoming a space-faring civilization—were possible not just because of
ingenuity, but because of the financial backstop provided by global dollar
demand. Other countries don’t lack creativity. They lack the luxury of failure.
Their currencies don’t buy them a second, or even multiple chances.
Silicon Valley, in this light, is not just a triumph of vision. It’s a monument
to financial privilege—where massive investments could be made with little
short-term return, because someone, somewhere, was always willing to buy the
debt and hold the currency. In that sense, even America’s boldest economic
narratives rest on something much quieter: trust.
And this is why the current populist backlash—particularly from the U.S.
right—is both tragic and surreal. We now see citizens declaring victory over an
imagined globalist-communist elite, claiming to have reclaimed their country,
as if America had spent the last 50 years under socialist rule. They don’t see
that what looked like economic decline was actually a trade—deindustrialization
in exchange for global financial dominance. It’s true the factories
disappeared. But the ability to import goods and print money without collapse
remained. The problem wasn’t that “China stole our jobs.” The deeper truth is
that US outsourced production and kept the benefits of imperial financial
status. There's no need to invade the rest of the planet if you dominate its
pocketbook, set the rules, and print cash to pay for anything/everything with
the cash coming back!
So when MAGA voices cheer global market turmoil as proof of American
resurgence, the world stares back—confused. Because from outside, it doesn’t
look like victory. It looks like the one country that gets to have its cake and
eat it too is now smashing the cake, setting fire to the kitchen, and demanding
applause.
This isn't communism. It's not socialism across the board. Quite the opposite:
It’s a system built on structural capital flows, asymmetric risk, and the
centrality of the dollar in global trade settlement and investment. America’s
fiscal and trade deficits weren’t signs of weakness—they were signs of
dominance. They allowed the U.S. to shape global monetary conditions without
lifting a hammer or casting a mold.
If there’s a Marxist twist, it’s that those most harmed by this system—the
folks left behind by automation, offshoring, and financialization—began to see
the pattern. They recognized “socialism for the banks” and demanded something
similar for themselves. But instead of turning left, they were seduced by a
loud, orange guy, his nationalism (= loyalty to him), nostalgia, and easy
villains. They blame immigrants. They blame DEI. They blame ecologists and
crazy notions of trees, clean air, clean water, un-poisoned food, and
compassion. They blamed “wokeness". And now, the world is asking the question
that somehow wasn’t asked enough in 2008: If the U.S. nearly destroyed global
markets through subprime madness and was still rewarded with more trust—what
happens if that trust finally erodes or breaks?
The threat is not that America/Dollar collapses overnight. But that the quiet
recycling loop that keeps global capital anchored, American risks tolerable,
and the dollar unrivaled, begins to fray. The world isn't scrambling because
"our team finally won"; it's scrambling because it was banking on the US
maintaining and growing its greatness.
The stupidity is not that the world took advantage of the United States. It’s
that the world now appears to have trusted it too much—and that trust was
spent, not reinvested. So now we face a choice: rebuild the scaffolding of
credibility, fairness, and cooperation (you can't impose that via executive
order btw)—or continue shouting victory from a tower slowly cracking at the
base, which looks more likely.
Everyone got high. Everyone got dependent. And now, coming down, the real
question is: who’s ready to sober up and do the work of building something that
lasts? Something immune to elections and idiots following idiots perhaps?
Where's the magical fix that some supreme leader brings? In what theory? What
is "your team" fixing, Mitch? Who is "your team"? Where's the promised
salvation?
On Wednesday, May 7, 2025 at 11:04:41 PM UTC+2 [email protected] wrote:
Team progressive hasn't ameliorated the world's problems. We have tried it
this way for 3 decades and things have gotten worse. If one cannot change
policies when they fail or harm the locals, because of ideology, I can't help
them there. The tech promised by the Greens hasn't worked as yet. In any case
the American people have gone back, as a plurality away from the progressive
(neocommunist) mentality. People have resisted in Europe and supression occurs.
Be careful what one posts in FaceBook!
On Wednesday, May 7, 2025 at 01:40:46 PM EDT, PGC <[email protected]>
wrote: Frankly, if this forum is as stupid and ideologically captured as you
claim—why are you here? Shouldn’t you be off delivering the master “fix”?
Where’s the legislation that ends war, cures inflation, feeds everyone, and
rebuilds the nation with laser-guided fusion-powered hydrogen cars? Did your
blueprint get lost in the mail?
Where’s the plan that neutralizes the Rockefellers, vaporizes Klaus Schwab’s
teleportation satellites, deregulates every molecule of existence, and still
gets the crops watered? Where’s the anti-woke AI system that scans every NGO
for signs of empathy and shuts it down in real time?
Why trust antibiotics? Aren’t they embedded with nanotech social credit devices
secretly funded by George Soros and LinkedIn? Shouldn’t we be purifying our
water with Alinsky-free charcoal and letting Comrade Xi finish the railway
while we split the nation into pre-ROI and post-ROI zones?
And remind me—does your miracle fix come before or after the national divorce,
the great bug ban, the banning of parties in France, the fall of the UN, and
the reanimation of Al Gore holding a cobalt-powered windmill?
It’s all so confusing. Maybe the scientists are making things up. Or maybe,
just maybe—not everything is a simplistic Bond villain plot? Maybe we just live
in a messy, complicated world where people disagree, try, fail, try again, and
sometimes—just sometimes—care enough to feed a starving child without checking
their ideology first.
So before you declare war on the fire extinguisher for being too woke—ask
yourself "why?". Water seems woke too. It will extinguish fires for both
illegal immigrants and trans folk. Isn't there a conspiracy between fire
extinguishers and water? Isn' this exactly the kind of thing the globalized
media left does not want you to discover?
On Wednesday, May 7, 2025 at 4:35:12 PM UTC+2 [email protected] wrote:
We''l succeed never the less. Why? Even Adolf was first in Jet fighters and
rocketry. Technologies have their own trajectory. Americans will leave for
Canada. Indian researchers will set up shop stateside.
On Wednesday, May 7, 2025 at 07:46:14 AM EDT, John Clark
<[email protected]> wrote: On Tue, May 6, 2025 at 3:53 PM '[email protected]'
via Everything List <[email protected]> wrote:
> JC, at the end of the day, we have spent decades on basic research and it
>takes God's own time to get anything really good out of it. Do I need to tell
>you of this, via, cancer,
So out of the millions of different extraordinary complex chemicals that the
human body uses and produces you think the decision about which one deserves
deeper investigation and is more likely to lead to a cancer cure should not be
made by Nobel prize winning organic chemists but by Robert Brainworm Kennedy,
Donald Trump and his clown car cabinet. I humbly disagree. A strong analogy can
be made between the present situation in America and the way that Trofim
Lysenko destroyed medical research in the USSR.
Lysenkoism
> your duly, noted, pessimism hasn't served us all that well
I'm not pessimistic, the situation is still not hopeless. I think the human
race has about a 30% chance of existing 10 years from now; before Trump got
reelected I would've said there was a 50% chance of surviving the Singularity.
> What's to lose?
Well for one thing, experimental cancer treatments that were terminated halfway
through their planned trial run so, thanks to Trump, they are now
scientifically useless. Hey but at least we've got the Gulf Of America!
John K Clark See what's on my new list at Extropolis
ag0
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